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1.What is an oil crisis? The oil crisis is world economy or economy accepts the what petroleum price change , come into being economic crisis in every country. In December , 1960 OPEC (OPEC) is founded , the member includes Iran , Iraq , Kuwait , Saudi Arabia and countries such as South American Venezuela, but OPEC also becomes the organization who controls petroleum price key in the world mainly. That the quilt is up to now universally accepted triple oil crises, happen respectively on in 1973 , in 1979 and in 1990. The whole world in history triple oil crisis first time crisis (1973): Fourth time of Middle East War break out in October , 1973, be attack Israel and their sopporter, member state announces OPEC's Arab that very year December collect converge petroleum catalogue right, sends the person to the bottom and crude oil price arriving at 10.651 U. S. dollar from 3.011 U. S. dollar rise per barrel , is that oil price has gone up suddenly having triggered afterwards the gravest whole world of Second World War economic crisis twice as much much, thereby. The oil crisis economy continuing for 3 years to the developed country has brought about grave impingement. In this crisis, the American commercial run has come down 14%, the Japanese commercial run has come down above 20%, all industrial country economic growth slows all obviously. Second time of crisis (1978): Acute change happened in Iranian second largest in the world petroleum outlet country political situations at the end of 1978, pro-America Iran moderates king Pahlavi falls out of power , initiates the second oil crisis. Have broken out now the Iran-Iraq war, the whole world petroleum output accepts effect, secondary suddenly fall 5,800,000 barrels to the 1 million barrel of the following every day. With the fact that the output drama cuts, oil price begins to rise suddenly and sharply on 1979 , 13 U. S. dollar skyrockets to 34 U. S. dollar of 1980 from every barrel. This state has continued for half a year is many , this crisis has become a main cause of all-round decay of century seventies powder west economy. Third time of crisis (1990): Iraq suffers international economic sanction after Iraq attacks and occupies Kuwait for the first time in August , 1990, will do Iraqi crude oil supplies interruption , international oil price quickly rises as a result till high 42 U. S. dollar point. USA , United Kingdom economy speed up being caught in a decay , the whole world GDP growth rate breaks 2% in falling in 1991. International Energy Agency has started the emergent plan , the barrel reserve crude oil has put 2,500,000 into circulation a marketplace every day, OPEC with Saudi Arabia as the leader is also prompt increase output, price having stabilized world petroleum very quickly. Besides, international oil price had risen suddenly and sharply also once in 2003 , cause had been Israel and force conflict , situation in the Middle East tension happened in Palestine, bring about oil price rising suddenly and sharply. To the whole world, economy brings about several time of oil crises pounding gravely. 2.

帮楼主手翻如下：
Oil crisis is the economic crisis of the world or of an individual nation caused by the price change of the oil. The Organization of the Petroleum Exporting Countries (OPEC) was founded in Dec. 1960, members including Iran, Iraq, Kuwait, Saudi Arab and Venezuela from South America. It has since become the key organization in controlling the world oil price. The 3 times of oil crisises recognized hitherto occurred in the year of 1973, 1979 and 1990, respectively. We'll discuss the oil crisis from the following aspects: what is oil crisis, facts of the 3 times of global oil crisises in the history, distribution of the oil resources and the supply and demand relationship in the global oil market, oil and international politics, the cause of current oil crisis we now encounter, and the differences of the oil crisis this time from those in the past.
6.Cautions to be considered about this oil crisis.

亲手翻译：
The oil crisis is an economic crisis when the world economy and the economies of countries are affected by the change in oil prices. In December 1960, the Organization for Petroleum Exporting Countries (OPEC) was established, with its key member states including Iran, Iraq, Kuwait, Saudi Arabia and Venezuela from South America. OPEC also became the world's critical organization in controlling oil prices. The three world-recognized oil crisis happened in 1973, 1979 and 1990 respectively.

We will mainly discuss the following major aspects: 1. What is the oil crisis? 2. The three worldwide oil crisis in history; 3. The distribution of oil resources and the supply and demand in the oil market; 4. Oil and international politics; 5. What are the reasons for the oil crisis that we are currently facing, and what are the differences between these reasons and the previous ones; 6. Some of the critical issues regarding the current oil crisis that requires attention

亲手翻译，请参考。

The oil shock receives the petroleum price for the world economics or various countries' economy the change, produces economic crisis. in December, 1960 Organization of Petroleum Exporting Countries (OPEC) establishment, leading member including Iranian, Iraqi, Kuwaiti, Saudi Arabian and South America countries and so on Venezuela, but the Organization of Petroleum Exporting Countries also becomes in the world to control the petroleum price the key organization. Until now three oil shocks which recognized, occurred separately in 1973, in 1979 and in 1990. Mainly discusses from the following several aspects: Anything is the oil shock; In historical whole world three oil shock; Oil resource distributed and international oil market supply-demand relation; Petroleum and international politics; We meet this oil shock's reason was also anything, these several times has anything with before to be different; 6. needs to pay attention to some questions about this oil shock.

The oil crisis for the world economy or the economies of countries subject to changes in oil prices, generated by the economic crisis. December 1960 Organization of Petroleum Exporting Countries (OPEC) to set up, key members, including Iran, Iraq, Kuwait, Saudi Arabia and Venezuela and other countries in South America, and the Organization of Petroleum Exporting Countries has become the world's control of the key organizations in oil prices. Has been recognized three oil crisis occurred in 1973, 1979 and 1990. Mainly from the following areas for discussion: What is the oil crisis; history of the three global oil crisis; the distribution of oil resources with the international oil market supply and demand; oil and international politics, we encountered the oil crisis and the reasons for What are these and what the previous several different 6. The oil crisis on the need to pay attention to some problems.